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removed himself from these discussions. harry reid, president obama, and a little bit of mitch mcconnell. what is possible of making a deal? >> the ball seems to be in mitch mcconnell's court. does he filibuster anything that harry reid ends up making with president obama? we have a paired down legislation extending for income below $250,000 and doing something with unemployment insurance that you were talking about? the question is a senate filibuster, democrats need 60 votes and republican votes, mcconnell ends up filibustering and will there be senators who support the legislation and blocking the filibuster. a lot of gymsmanship and republicans when you lock at the situation in the house and the inability to pass along the other things, they are on the verge of taking a lot of blame if they filibuster the legislation and the house doesn't act on it. >> and only democratic support developing here. how much is he going to agree with the president when he has the election in 2014? some folks don't want to appear in any way too close to president obama right now. >> let's move on in term
of six attending. vice president biden, harry reid, house minority leader nancy pelosi, mitch mcconnell and john boehner representing the republicans. brianna keilar is live from washington. is anybody optimistic that a deal could be done today around a table? >> i will tell you the optimism is sort of sinking. senate majority leader harry reid said he doesn't see how it can get done by january 1st. we heard from president obama before he left from his vacation that he was optimistic. logistically the white house will tell you it's possible. when you listen to what you're hearing some of these congressional leaders say, there's a lot of posturing laying blame to the other side if we do go over the cliff. take a listen. >> republicans are not about to write a blank check for anything senate democrats put forward because we find ourselves at the edge of the cliff. >> we are here in washington working while the members of the house of representatives are out watching movies, watching their kids play soccer, basketball, doing all kinds of things. they should be here. >> now, house speaker j
to senate leaders harry reid and mitch mcconnell and whether they work out something short of $4 trillion grand bargain. last-minute stop gap. attending tax cut for people making $250,000 or less. and unemployment benefits for 2 million people who will lose the benefits a week after christmas. >> it is going to be a patch. because in four days we can't solve everything. >> yet, other republicans note the president short-term fix raises some taxes, yet punt spending cuts until next year. >> i would vote for revenue, including the tax rate hike though i don't like them to get, to save the country from becoming greece. i'm not going to set aside the $1.2 trillion in cuts. >> if the president does return to washington this week, unclear whether he will come back here to hawaii for new year's with his family. joe lieberman says he expects the senate to be in session on new year's eve, working on a deal down to the wire. >> thank you, ed. markets dropped on shortened day of trading. dow fell 52. s&p 500 lost 3.5. nasdaq down 8.5. might be a blue christmas for retailers. shoppers came out in dro
minority leader, mitch mcconnell. and so the thought is, obviously, that they may vote on something that the senate has to take up, but it's something that ultimately has to go through the house and would take democratic votes as well and maybe they won't get as much as they want. certainly their opportunity to get some entitlement and tax reform is gone for the moment, miguel. >> absolutely extraordinary situation. thank you very much. try to enjoy hawaii and aloha to you. >> reporter: aloha. [ bells tolling ] >> yesterday much of the country paused to remember the newtown shooting victims. church bells rang out exactly one week after the tragedy began. flags remained at half-staff. even many websites went dark. and people all over the country observed a moment of silence for the 20 children and 6 teachers and administrators. today there's a walk for peace in newtown where three more children will be laid to rest. aina grace marquez. greene, who loved to sing. josephine grace gay, who had just celebrated her 7th birthday, and emilie alice parker, who was bright, creative, and very
, mitch mcconnell have made it clear, you want $1 trillion of more debt ceiling, because that's what the president is running, $1 trillion more debts, you have to cut it at the same time. they won it a year ago. they'll win it in the future. this is a long fight. it's four years of a fight. it's not one week of a fight. to your earlier question, does the president want to take us over the cliff? i think now he does. the reason is he needs an excuse for the next four years of failure. blaming it on bush doesn't work very much. the regulations and spending he's put on the economy for the next four years is going to put us in recession regardless of the fiscal cliff. >> to be fair, i'm told there are a number of republicans, especially in the house, who want to go over the cliff for the reason i explained, that they'd much rather vote for a tax cut than a tax increase because they don't want to break your pledge. grover, thank you very much. appreciate it. >> no one should break their pledge. >> merry christmas. thank you, grover. >> merry christmas to you. >> ahead on "starting point,"
solution. >> reporter: senate republican leader mitch mcconnell said the next move needs to come from the president. >> he's the only one who can do it. this isn't john boehner's problem to solve. >> reporter: without a deal, steep tax hikes and massive government spending cuts are set to trigger after january 1. cnn, washington. >>> if there is a new ban on assault weapons, could that mean current gun owners would have to give their guns up? the answer may surprise you. th. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. >>> many americans from the president on down
widespread support from mitch mcconnell and the leadership, but just a few who are maybe retiring, or leaving the senate. >> reporter: that's a great question. first and foremost they would have to be able to swallow the idea that they will effectively vote to raise taxes on the top 2% of americans which most republicans said they do not want to do because they think it is bad for the economy. to answer your question, it is probably the biggest sweetener for republicans and seen some moderate democrats by the way is the estate tax. the estate tax is in place right now at a relatively low threshold. it would go up big time at the end of the year. and that is something that is very important to a lot of republicans. that could be a sweetener. i think probably the best argument the democrats have for some of those republicans is that they don't want to be in the way or they don't want to be responsible in any way for every american's taxes going up, including most importantly the people who really, really need that money, people who just aren't the wealthiest in this country. >> dana bash, six d
Search Results 0 to 6 of about 7

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